Steve discusses the fear of going broke in retirement. It impacts many, including those who have significant retirement savings. Concern about over-spending can keep some retirees from enjoying the assets they have accumulated throughout their working life. Steve discusses how good planning and the development of careful spending habits can alleviate this common fear and help retirees live their best life.
Next, Steve takes an in-depth, two-segment look into work related retirement plans such as 401(k), 403 (b) and profit sharing pension plans. Noting that many company plans are deficient in some critical areas, Steve offers specific action plans for employers and employees to make the company plan more advantageous for all who participate.
Then, Steve talks about productive ways of opening a dialog between employers and employees regarding a company's retirement savings plan, and the many resources Cordasco Financial Network can provide.
How much do you want the federal government involved in your retirement savings? Steve discusses a recent survey showing how the majority of people want to either keep individual control of their retirement savings, or save for retirement through an employer sponsored plan. He details the reasons government involvement should be limited to social security.
Next, Steve talks about the fastest growing portion of the population who are getting divorced, those in or nearing retirement. Since the 1990’s, divorce in the 50+ age group has doubled, and for those over 65, the divorce rate has tripled. Steve analyzes the trend with a focus on how late-life divorce impacts financial security in retirement.
Then, Steve discusses a recent article published in a medical journal that says your financial health is important enough to be viewed as one of your vital signs. The article documents the relationship between your wealth and your health. Learn how big financial losses can impact your physical health and what you can do to protect yourself.
And finally, Steve helps investors put stock market volatility in perspective with a detailed look at the latest information posted to the resources section of our website called "First Quarter 2018 Knowledge College: Volatility in Perspective." You can listen to the segment, then view further information online at www.cfnplan.com.
Facebook founder Mark Zuckerberg testified in front of Congress this week about his company's controversial handling of personal data. Steve talks with Anthony Mongeluzo, President of PCS, a managed IT service provider for an extended two-segment discussion about cybersecurity, including the security of online personal financial data.
Next, Ian Comisky, partner in the law firm of Fox Rothschild, joins Steve for his annual visit to talk taxes. They discuss a wide range of tax related topics including some specific things that could trigger an IRS audit.
Then, Steve talks about how Cordasco Financial Network secures online and computer based financial information for clients.
Politics and the economy take center stage as President Trump continues to talk tough on tariffs and international trade. Steve discusses how the President's new Chief Economic Adviser, Larry Kudlow, uses his communication skills to reduce public concern and ultimately calm jittery markets.
Next, Steve discusses ways to prepare for a bear market, including how to deal with the media hype and how to avoid making emotional investment decisions. Steve also talks about finding the right asset mix of stocks, bonds, and appropriate cash reserves.
Then, Steve discusses the hidden threat of lawsuits. It's a growing trend and more common than many believe. Steve looks at specific examples that may put you at risk, and how best to protect yourself and your wealth through liability insurance. Steve details why managing risk is an important part of overall financial planning.
Finally, Steve goes full circle on the recent Larry Kudlow media interviews with some interesting audio of Larry being somewhat challenged by his old friend, Fox Business host Neil Cavuto.